Slim Chickens - Independence, MO 4641 S Cochise Dr 2,860 SF 4-Star Retail Building Independence, MO 64055 $2,647,985 ($925.87/SF) 6.55% Cap Rate

LONG TERM ABSOLUTE NNN LEASE
There are currently ±12 years remaining on the lease term followed by four (4), 5-year renewal options, with zero landlord responsibilities.
1.5% ANNUAL RENT INCREASES
Scheduled 1.5% annual rent increases begin April 21, 2027 and continue through the primary term and option periods.
ESTABLISHED MULTI UNIT FRANCHISEE
As of 2025, AP Restaurant Group, LLC operates 15 Slim Chickens locations across Kansas, Missouri, and Oklahoma, ranking among the brand's largest multi-unit franchise groups.
ACTIVE DEVELOPMENT PIPELINE
In January 2024, AP Restaurant Group signed a 14-unit franchise development agreement for Kansas and Missouri.
E-COMMERCE AND RECESSION-RESISTANT TENANT
QSR properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.
FAST GROWING NATIONAL BRAND
Slim Chickens has experienced ~70% restaurant growth over the last three years and has been recognized on the 2025 Fast Casual Top 100 Movers & Shakers list, Entrepreneur's Franchise 500, and Franchise Times Top 400.
ESTABLISHED LOCATION
The property has operated as a quick-service restaurant leased to Slim Chickens since the property was built in 2014.
GREAT ACCESS AND VISIBILITY
Strategically positioned along the I-70 corridor at a major interchange serving the Independence Center retail district, with ±45,290 average daily traffic and strong co-tenancy from national retailers.
STRONG DEMOGRAPHICS AND TRADE AREA
The property is located in a dense, high-income trade area with over 131,000 residents within a five-mile radius and average household incomes exceeding $97,000.
HUNDREDS OF NEW MULTIFAMILY UNITS EXPANDING POPULATION
Multiple garden-style and mixed-use multifamily projects are underway in eastern Independence near Little Blue Parkway and along the I-70 corridor, with several hundred new units in various stages of planning and early construction targeting workforce households and renters-by-choice priced out of central Kansas City.
MODOT'S MULTI YEAR I-70 MODERNIZATION ENHANCING ACCESS
MoDOT's multi-year I-70 improvement program includes widening and interchange modernization between Kansas City and Blue Springs, with ramp and traffic-flow improvements at key interchanges serving this location.
Broker of Record:
Jared Andrew English
702.429.1662
english.jandrew@gmail.com
MO LIC #2021048729